Gas oil, marine

Ended Awarded

Contract number
SPE60824FA336
Awardee
Awarding agency
Obligated
$2,155,974

Award facts

Contract value 100% obligated
$2,155,974.00 Current and potential, with all options
Completion date
Current and potential, with all options
NAICS code
324110 Petroleum Refineries
PSC
9140 Fuel Oils
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Fixed Price with Economic Price Adjustment
Place of performance
Miami, FL 33131, USA

Award details come from SAM.gov/FPDS.

About this award

Stonewin Capital LP, a global fuel supply trading company headquartered in Edinburgh, United Kingdom, was awarded a delivery order valued at $2.16M by the U.S. Department of Defense to supply marine gas oil. The contract, which was awarded and completed on January 29, 2024, is structured as a fixed-price agreement with economic price adjustment provisions and carries no set-aside designation. Performance will take place in Miami, Florida, reflecting the company's established role as a key petroleum products supplier to U.S. military installations. This delivery order likely draws from Stonewin Capital LP's larger Indefinite Delivery Contract (IDC) with the Defense Logistics Agency Energy, which has a ceiling value of $68.6M and covers comprehensive petroleum fuel products supporting U.S. military operations across multiple international locations through August 2028.

Stonewin Capital LP operates primarily through its Stonewin SIA Division and has demonstrated significant expertise in fulfilling federal fuel procurement requirements across diverse product categories, including diesel fuel, aviation turbine fuel, and fuel oil. The company competes openly in the federal marketplace and has established itself as a reliable supplier for DLA Energy's fuel distribution needs, supporting critical energy infrastructure for U.S. military bases and government facilities worldwide. The economic price adjustment mechanism incorporated into this contract structure allows for pricing flexibility while maintaining fixed-price protections, which is standard practice for commodity fuel supply contracts serving military operations.

Quick answers

Who was awarded contract SPE60824FA336?

SPE60824FA336 was awarded to Stonewin Capital LP by Energy (Defense Logistics Agency) on January 29, 2024.

How much is contract SPE60824FA336 worth?

The government has obligated $2,155,974 on SPE60824FA336.

Is contract SPE60824FA336 an order under another contract?

Yes. SPE60824FA336 is a delivery order under SPE60820D0350, an indefinite delivery contract.

Was contract SPE60824FA336 competed?

The extent of competition for SPE60824FA336 was full and open competition.

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